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iPod revamp a key for Apple growth

updated 03:55 pm EDT, Wed May 17, 2006

iPod revamp, Apple growth

A complete revamp of Apple's iPod line will be a key growth driver for Apple in the second half of 2006, according to analyst firm Bear Stearns. "While investors are anxious about iPod data points, we would use the near-term weakness as a buying opportunity," analyst Andrew Neff wrote in a report after meeting with management from Apple. "We came away optimistic about Apple's outlook for the second half of 2006 with potentially a complete refresh of the iPod, 'true' video iPod and other new product launches, though timing is hard to call," Neff said. Neff suspects the "true" video iPod will be offered as a complimentary product to iPods, according to a report from Forbes.com.

An iPod phone also appears to be in the works, according to the analyst, although timing is still uncertain. Neff maintained an "outperform" rating on Apple shares and a $94 price target, and expects the company to report earnings of 48 cents on revenue of $4.6 billion for the fiscal third quarter.




by MacNN Staff

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  1. trevc

    Joined: Dec 1969

    0

    somewhat agree...

    Although vehicle manufactures integrations and accessories help keep the iPOD going, items like Windows Media Player 11, Music Cellphones and nifty new players from other companies are certainly going to help water down the iPod's appeal.

    I'm sure it'll be interesting but wonder what they have up their sleeve ... just an enhanced video iPod will be anti-climatic

  1. vasic

    Joined: Dec 1969

    0

    complimentary (=free)??

    Let's hope it was a typo and the new video iPod will complement the products, rather than be given away with other iPods...

  1. Monstermind

    Joined: Dec 1969

    0

    WTF?!

    What, there are commercial links with ALL mentions of Apple products, even in the Comments section?

    s**** that noise. If you want to help shill iP0dz, you'll do it without my help.

  1. Faceplant

    Joined: Dec 1969

    0

    I hope...

    ...they call it the iPod sNap. A sNappier iPod. how cOol.

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